Tech for Troops FY2021 filing
Refurbishes used technology to provide veterans with computers and IT job training. For fiscal year 2021 it reported $497K in revenue, $564K in expenses, and $360K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Public & Societal Benefit
- Location
- Richmond, VA
- Website
- www.techfortroops.org
- Filings
- 5 on file (2020–2021)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Mark Casper’s $64K as Executive Director is at the 10th percentile of top reported officer pay among 732 $1–10M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Where the work happens
Receive used computer equipment, refurbish it to put it back into use by gifting to in need veterans and their families or selling it at a very low cost to veterans outside of the richmond, va area. We also sell computer parts and responsibly recycle computer scrap keeping it out of the landfill.
Provide on-the-job, classroom training for veterans, providing computer literacy, job skills and business connections for a career or job.
Provide complete 100% data destruction to corporations and individuals who are concerned with data security.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 80% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | -51% | — | — |
| Accounting fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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